An investment company backed by Lloyds is reviving plans to sell one of Britain s biggest same-day courier businesses for £250million.
City sources said Lloyds Development Capital, a division of FTSE 100-listed bank Lloyds, is once again looking at whether to offload CitySprint, which delivers drugs and PPE for the NHS.
Two years ago, Lloyds Development Capital appointed corporate finance advisers from Raymond James to carry out a strategic review of CitySprint, but it ultimately decided against a sale.
Up for sale?: City sources said Lloyds Development Capital, a division of FTSE 100-listed bank Lloyds, is once again looking at whether to offload CitySprint
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